AFPAX — DSS AmericaFirst Income Fund
Data updated: 2025-09-08
AFPAX — DSS AmericaFirst Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Multi-Cap / All-Cap Value Equity · $11.11M AUM · 2.62% expense ratio · 2.5% 1-yr return. From SEC regulatory filings.
AFPAX Fund Overview
AFPAX — DSS AmericaFirst Income Fund is a US mutual fund managed by Dss Americafirst Funds, categorised as United States Multi-Cap / All-Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Dss Americafirst Funds
- Category: United States Multi-Cap / All-Cap Value Equity
- Assets under management: $11.11M
- 1-year return: 2.5%
- Ticker: AFPAX
- SEC CIK: 0001539996
- SEC series ID: S000036987
- Share class ID: C000113165
AFPAX Holdings
Top 10 holdings of DSS AmericaFirst Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Federated Hermes Institutional Prime Obligations Fund | 11.90% |
| Huntington Ingalls Industries, Inc. | 5.05% |
| Barrick Gold Corp. | 4.49% |
| Newmont Corp. | 4.38% |
| Broadcom, Inc. | 4.29% |
| Jackson Financial, Inc. | 4.18% |
| Agnico Eagle Mines Ltd. | 4.02% |
| Philip Morris International, Inc. | 3.97% |
| Himax Technologies, Inc. | 3.43% |
| The Blackstone Group, Inc. | 3.28% |
AFPAX Portfolio Allocation
Asset-class allocation of DSS AmericaFirst Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 87.6% |
| Cash & Equivalents | 11.9% |
AFPAX Performance
Total returns for AFPAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 2.5% |
| 3 years (annualised) | 4.3% |
| 5 years (annualised) | 8.3% |
AFPAX Risk Information
Risk metrics for AFPAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.9%
AFPAX Costs and Fees
AFPAX costs about $262 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.62%
- Gross expense ratio: 2.97%
- Portfolio turnover: 156%
- Brokerage commissions: 8.12 bps of average net assets (SEC N-CEN)
AFPAX Cashflows
Over the 12 months to 2025-06, DSS AmericaFirst Income Fund had net outflows of $15.11M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-06 | −$123.91K |
| 2025-05 | −$210.61K |
| 2025-04 | −$291.47K |
| 2025-03 | −$6.38M |
| 2025-02 | −$4.72M |
| 2025-01 | −$371.61K |
AFPAX Debt Constituents
No individual debt constituents are reported in DSS AmericaFirst Income Fund's latest SEC N-PORT filing.
AFPAX Prospectus and SEC Filings
Official DSS AmericaFirst Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Multi-Cap / All-Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.